The FTSE 100 share that performed best between the collapse of Lehman Brothers
in 2008 and the return of the index to the psychologically important 6,000
level last month was ARM Holdings, designer of the microprocessors used in
smartphones, with a stellar return of 667 per cent. In the No 2 spot, with
301 per cent, was Hargreaves Lansdown — a company that readers might think
more about investing “with” than “in”. And it isn’t a one-off. Most of the
big asset managers have performed exceptionally well in the period.